# RangeBreakLShape

Detects range-bound markets and marks L-shaped breakouts with adaptive range detection and average line tracking.

Canonical: https://prismaticalgos.com/compendium/algo/7429-rangebreaklshape
Record ID: 7429
Catalog rank: 1656 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Trade & Execution Management (K)
Source: https://www.mql5.com/en/market/product/190796
Evidence label (unverified): backtest_shown

## Scope and limitations

These are machine-extracted research records, not verified trading systems. Catalog rank measures specification detail and claimed evidence, not profitability. The catalog extraction pipeline did not independently backtest these records. Its separate selected testing ledger does not validate the wider corpus. Rules, labels and parameters can be incomplete or wrong; consult the original source and its reuse terms.

No endorsement, ownership claim or source-code reuse permission is implied.

## Extraction warnings

No automated warnings recorded; this is not validation.

## Recorded profile

- symbols: any
- timeframes: M5, M15
- sessions: Not specified
- market_regime: ranging

## Indicators

- ATR: {"period": 14}; applied to: null
- Linear Regression: {}; applied to: null

## Recorded long-entry rules

- Not specified.

## Recorded short-entry rules

- Not specified.

## Recorded exit rules

- Not specified.

## Recorded filters

- skip if entry farther than 250 points
- next-bar-close confirmation

## Risk controls

- Stop loss: range width × 1.0
- Take profit: anchor ± leg
- Position sizing: null